The S&P 500 jumped 1% on Friday, Jan. 17, 2025, heading into the long weekend on a high note as prospects rebounded for additional interest-rate cuts in 2025.
J.B. Hunt stock is notably lower Friday after the logistics company fell short of fourth-quarter earnings expectations. Here's what you need to know.
1 Day JBHT -0.20% DJIA -0.21% S&P 500 -0.14% Transportation/Logistics 1.03%
Apple stock edges higher after falling Thursday by 4%, the most since August, while Qorvo stock jumps following a report that activist Starboard Value has amassed a large stake in the chip maker.
This was the stock's fourth consecutive day of gains.
BofA analyst Ken Hoexter lowered the firm’s price target on J.B. Hunt (JBHT) to $189 from $206 and keeps a Buy rating on the shares after the company posted adjusted Q4 EPS that were down 18% year-over-year,
J.B. Hunt Transport Services Inc. closed $40.28 below its 52-week high ($219.51), which the company achieved on February 15th.
JBHT to release Q4 results on Thursday, expected to report earnings of $1.62/share and revenue of $3.15B. Stock offers 0.92% annual dividend.
Stock futures ticked lower on Thursday night after the Dow Jones Industrial Average and the S&P 500 ended a three-day losing streak. Futures tied to the 30-stock Dow fell 41 points, or 0.1%. S&P 500 futures and Nasdaq 100 futures both dipped 0.1%.
BMO Capital lowered the firm’s price target on J.B. Hunt (JBHT) to $200 from $205 after its Q4 earnings miss but keeps an Outperform rating on
Wall Street started higher ahead of Trump's inauguration on Monday. Investors expect a flurry of executive orders, including on crypto and TikTok.
SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.